Aluminium Market Pulse

• Century Aluminum faces margin and earnings pressure from volatile markets and energy costs.
• Tariffs, trade measures, and carbon regulations in the...

UBS has upgraded Alcoa to 'buy' as the Middle East supply crisis lifts aluminium prices above $3,000/t, with the bank forecasting these levels to hold...

China's aluminium overcapacity could reshape renewable grid balancing through flexible smelter demand response. This points to a structural shift linking industrial capacity directly with clean energy integration.

China's aluminium wire and cable exports rose 30.6% year-on-year to approximately 198,000 tonnes in the first nine months of 2025, underscoring how...

Supply Shocks and 2026 Price Outlook

• 🔥 Citi Warns of Severe Supply Shock: Citi forecasts aluminum prices to average $4000 per tonne in H2 2026...

China's unwrought aluminium alloy exports reached 46,300 tonnes in April 2026, the highest single-month total since July 2022 and up 179.7%...

• High costs, weak demand, scarce raw materials and rising regulation are simultaneously straining German producers and blocking output growth in...

Citi forecasts one of the most severe aluminum supply shocks in modern times, with prices averaging $4000 per tonne in H2 2026. This points to structural constraints that could drive prices well beyond current market expectations in major regions.

U.S. and Canada aluminum demand rose 0.8% to 26.65 billion pounds in 2025 despite shifting tariffs.

• Second-half resilience reversed a 2% first-half...

Aluminum supply is tightening due to geopolitical disruption, production outages, reduced imports, and strong demand. Companies should prioritize proactive strategies to secure supply amid these mounting challenges.

Hydro and Parsons Healthy Materials Lab are collaborating to help architects and designers choose low-carbon aluminium amid rising climate and...

Regional conflict has hammered Gulf aluminium output, creating multi-angle supply pressure that lifts prices while complicating Asia's renewables...

China's alumina imports hit an 11-year high in April, with first-four-month volumes reaching 1.4 million tonnes. This sharp rise aligns with continued...

The EU reached a provisional agreement on May 20 to implement the 2025 US trade deal, capping tariffs at 15% on most EU goods including aluminium...

Kaiser Aluminum's quarterly results spotlight navigation of shifting aerospace and packaging demand.

• Brokerages maintain a "Moderate Buy"...

National Aluminium's earnings and revenue growth forecasts stand out when benchmarked against industry peers, with the latest analyst predictions offering a clear view of its trajectory.

The World Bank projects 21.6% aluminum price growth this year, explicitly tied to tight supply and low inventories. This underscores how structural supply constraints may set the tone for prices beyond short-term fluctuations.

CBAM and recycled aluminium supply shocks reveal a critical flaw threatening Europe's circular economy.

China's late-2024 rescission of export tax rebates for aluminum products marks a strategic shift in its primary aluminum industry, surprising global markets.

Automotive manufacturing drives nearly 44% of U.S. secondary aluminium alloy demand, fueled by vehicles averaging over 180 kg of aluminum content. This highlights robust growth in recycled alloys for the sector.